Contracts for major infrastructural works get Cabinet’s no-objection

THE rehabilitation of several roads within Georgetown, as well as the rehabilitation of 12 kilometres of the East Bank of Berbice, Region 6 (East Berbice/ Corentyne) are among several contracts that received Cabinet’s no-objection on Tuesday.

Head of the Presidential Secretariat (HPS), Dr. Roger Luncheon, made this disclosure at his weekly post-Cabinet press conference held at the Office of the President, yesterday.
He stated that the contract for road works in Georgetown is valued at $23.9M.
The second contract, Dr. Luncheon said, is worth $393.9M and will see works on the East Bank of Berbice, starting south of Stanleytown and running for 12 kilometres.
Also, a $75M contract was approved for renovation of the Sparendaam Magistrates’ court.
Additionally, a $307.6M contract was approved for the procurement of transportation and land- clearing equipment, which includes 45 tractors, 45 trailers, flat-bed trailer and five mini-excavators.
Section 54 deals with Cabinet’s involvement in reviewing the award of procurement contracts and the phasing out of its functions with the establishment of a Public Procurement Commission (PPC), in the interest of decentralising the procurement process.
Currently, the procurement process is decentralised at the level of ministry, regions, district tender boards and the Ministry of Finance’s tender board.
Contracts above the $15M mark are taken to Cabinet for its no-objection.

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